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Tokai Tokyo Financial HoldingsFRA:TO91 -0.47%73 Debt-to-EBITDA is 48.84 as of Mar. 2026, which is 5% below its 10-year median of 51.21. GuruFocus rates FRA:TO91 with a GF Score™ of 73/100 and a GF Value™ of €3.28 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 422 Capital Markets companies, Tokai Tokyo Financial Holdings ranks worse than 97.87% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Tokai Tokyo Financial Holdings's Debt-to-EBITDA or its related term are showing as below:
FRA:TO91'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 21.27 Med: 51.21 Max: 278.05
Current: 39.32
During the past 13 years, the highest Debt-to-EBITDA Ratio of Tokai Tokyo Financial Holdings was 278.05. The lowest was 21.27. And the median was 51.21.
FRA:TO91's Debt-to-EBITDA is ranked worse than 97.87% of 422
companies
in the Capital Markets industry
Industry Median: 1.6
vs FRA:TO91: 39.32
Tokai Tokyo Financial Holdings (FRA:TO91) Debt-to-EBITDA Explanation
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Tokai Tokyo Financial Holdings Debt-to-EBITDA Related Terms
Tokai Tokyo Financial Holdings Debt-to-EBITDA Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Tokai Tokyo Financial Holdings Debt-to-EBITDA Chart
FRA:TO91 vs MS, GS, SCHW: Debt-to-EBITDA Comparison
For the Capital Markets subindustry, Tokai Tokyo Financial Holdings's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Tokai Tokyo Financial Holdings Debt-to-EBITDA vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Tokai Tokyo Financial Holdings's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Tokai Tokyo Financial Holdings's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Tokai Tokyo Financial Holdings (FRA:TO91) has a Debt-to-EBITDA of 48.84 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Tokai Tokyo Financial Holdings. This is near median its historical median of 51.21. Over the past decade, Tokai Tokyo Financial Holdings' Debt-to-EBITDA has ranged from 21.27 to 278.05. According to the industry distribution chart, Tokai Tokyo Financial Holdings ranks #413 out of 422 companies in the Capital Markets industry, placing it in the top 97.9%.
Is Tokai Tokyo Financial Holdings' Debt-to-EBITDA too high?
Tokai Tokyo Financial Holdings' current Debt-to-EBITDA of 48.84 is near median its 10-year median of 51.21. Over the past 10 years, this metric has ranged from a low of 21.27 to a high of 278.05. The Capital Markets industry median Debt-to-EBITDA is 1.60. Tokai Tokyo Financial Holdings' value of 48.84 is 2952.5% above this industry median. Based on the distribution chart, Tokai Tokyo Financial Holdings ranks #413 out of 422 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Tokai Tokyo Financial Holdings has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokai Tokyo Financial Holdings' Debt-to-EBITDA compare to MS and GS?
According to the Capital Markets industry distribution chart, Tokai Tokyo Financial Holdings ranks #413 out of 422 companies for Debt-to-EBITDA. This places Tokai Tokyo Financial Holdings in the lower half of its industry. The industry median Debt-to-EBITDA is 1.60. Tokai Tokyo Financial Holdings' value of 48.84 is 2952.5% above this benchmark. Historically, Tokai Tokyo Financial Holdings' own Debt-to-EBITDA has ranged from 21.27 to 278.05 over the past decade. While the company's 10-year median is 51.21 vs. the industry median of 1.60, Tokai Tokyo Financial Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Capital Markets company?
The median Debt-to-EBITDA among Capital Markets companies is 1.60, based on 422 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tokai Tokyo Financial Holdings's current Debt-to-EBITDA of 48.84 is 2952.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Tokai Tokyo Financial Holdings. For the Capital Markets industry, the median Debt-to-EBITDA is 1.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokai Tokyo Financial Holdings's current Debt-to-EBITDA is 48.84, which is near median its own 10-year median of 51.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokai Tokyo Financial Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tokai Tokyo Financial Holdings (FRA:TO91) is currently considered Modestly Overvalued. The stock's GF Value™ is €3.28, compared to a current price of €4.24 — trading 29.3% above its estimated fair value. The current Debt-to-EBITDA is 48.84, which is near median its 10-year median of 51.21 and 2952.5% above the Capital Markets industry median of 1.60. Tokai Tokyo Financial Holdings' overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Tokai Tokyo Financial Holdings (FRA:TO91), the current Debt-to-EBITDA is 48.84 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Tokai Tokyo Financial Holdings (FRA:TO91) Overvalued in 2026?
Based on GuruFocus' analysis, Tokai Tokyo Financial Holdings stock appears to be overvalued.
The current stock price of €4.24 is trading 29.3% above its estimated GF Value™ of €3.28.
GuruFocus considers Tokai Tokyo Financial Holdings to be Modestly Overvalued.
Key valuation signals for FRA:TO91:
Debt-to-EBITDA: 48.84 (near median its 10-year median of 51.21)
GF Value™: €3.28 vs. price of €4.24 (29.3% above fair value)
Industry Position: 2952.5% above the Capital Markets median (#413 of 422)
No single metric tells the full story. See the FRA:TO91 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokai Tokyo Financial Holdings Business Description
Tokai Tokyo Financial Holdings Inc. is the holding company of the Tokai Tokyo Financial Group. It operates and manages the group's companies. Tokai Tokyo Financial Group consists primarily of companies in Japan, but a few are in overseas markets. Tokyo Securities is the operating nucleus of the group and manages financial instruments businesses, fund management, back-office services, and research. For the overall group, operations are divided into trading activities and commissions. Tokai's commissions are gained through brokerage services and underwriting and distribution.
73GF Score
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